FOR IMMEDIATE RELEASE 10 December 2024
Porvair plc
("Porvair", the "Group" or the "Company")
Trading update for the year ended 30 November 2024 and notice of results
Pre-close trading update
The Group expects revenue growth to be around 9% (13% at constant currency), with adjusted earnings per share marginally ahead of market expectations. Net cash at 30 November 2024 was approximately £14 million.
As previously announced, Hooman Caman Javvi will join the Group on 6 January 2025 as Chief Executive Officer designate and Director of the Company. He will succeed Ben Stocks following his retirement at the Company's AGM on 15 April 2025.
Notice of results
Porvair will announce its results for the year ended 30 November 2024 on Monday 10 February 2025.
For further information please contact:
|
Porvair plc |
+44(0)1553 765 500 |
|
Ben Stocks, Group Chief Executive James Mills, Group Finance Director |
|
|
Burson Buchanan |
+44(0)20 7466 5000 |
|
Charles Ryland / Stephanie Whitmore / Jack Devoy |
Notes to Editors
Porvair is a group of specialist filtration, laboratory and environmental technology businesses. Its businesses design and manufacture a range of bespoke consumable filtration products that are used in a range of niche filtration markets. It operates in three divisions: Aerospace & Industrial; Laboratory; and Metal Melt Quality.